Cattle Current Podcast—Feb. 16, 2022

Cattle Current Podcast—Feb. 16, 2022

Higher outside markets and lower Corn futures, both due in part to less geopolitical tension in Eastern Europe, helped fuel gains in Cattle futures Tuesday.

Live Cattle futures closed an average of 52¢ higher.

Feeder Cattle futures closed an average $1.47 higher.

Corn futures closed 10¢ to 17¢ lower through the front four contracts and then mostly 5¢ to 8¢ lower.

Soybean futures closed mostly 9¢ to 18¢ lower through Jan ’23 and then 3¢ lower to 3¢ higher.

Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Tuesday afternoon, according to the Agricultural Marketing Service.

Last week, live prices were at $140/cwt. in the Southern Plains and Nebraska; $140-$142 in the western Corn Belt. Dressed trade was at $224.

Choice Boxed beef cutout value was $3.59 lower Tuesday afternoon at $270.37/cwt. Select was 93¢ lower at $267.82.

2022-02-15T20:32:05-05:00

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.